Bleken Data AS

Org. no. 981203232 · Sandefjord · Founded 1999 · 5 employees

Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more

Score · fiscal year 2023

50of 100

How to read this: the company is ahead of 49 % of companies in the Morning class Micro in the same sector in 2023. What does this mean?

Rank in the Morning class Micro: 1,918 of 3,752 · What are Morning company classes?
Place in the whole sector: 3,053 of 5,888 · Informasjon og kommunikasjon

Profile

Cheetah · Sprinter

High profitability, lower resilience

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 64 and resilience 33 out of 100 among companies in the Morning class Micro in the same sector in 2023. Methodology

Against the sector

Bleken Data AS is at the median for companies in the Morning class Micro in the same sector in 2023.

Median score 50 among 3,750 companies.

Against companies in the Morning class Micro in the same sector in 2023: operating margin 14.9% (median 5.9%) and equity ratio 18.9% (median 39.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 8 November 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue7 MNOK2 MNOK
Operating margin 14.9% 5.9% 65 %
Profit margin 20.7% 6.1% shown, not part of the index
Return on assets 23.7% 11.1% 64 %
Equity ratio 18.9% 39.6% 31 %
Debt-to-equity 4.29 1.13 21 %
Current ratio 1.18 1.56 34 %
Revenue growth – 0.0% not compared
Revenue per employee1.39 MNOK0.69 MNOK

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 50, Bleken Data AS does better than 49% of companies in the Morning class Micro in the same sector (3,752 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Bleken Data AS
  • Median: companies in the Morning class Micro in the same sector
Working capital and debt · 2023

Working capital and debt

Working capital and debt · 2023
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
coming – not compared
Inventory and other current assets, days
Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue.
coming – not compared
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
−29.1% −8.9% 20 %
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
47.2% 56.2% 42 %
Debt and interest burden
Interest coverage (times)
Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt.
7.8 7.9 50 %
Financial costs as a share of debt
All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate.
2.5% 0.5% 72 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
0.0% 0.0% 30 %

Net working capital (current assets less bank deposits less current liabilities): −2.0 MNOK.

The median and the bar refer to companies in the Morning class Micro in the same sector in 2023. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.

Receivable days and inventory are shown once older accounts have been read again from the raw data. This happens by itself, without new calls to the Brønnøysund Register Centre.

Analysis · 2023

What the numbers say

Bleken Data AS had an operating margin of 14.9% and an equity ratio of 18.9% in 2023, and ranks 3,053 of 5,888 in Informasjon og kommunikasjon.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 1 MNOK and 13 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit: 1.2 MNOK 17.4 21 MNOK 13 MNOK
EV/EBIT Operating profit: 1.0 MNOK
less net debt −3.0 MNOK (rough figure)
12.4 16 MNOK 11 MNOK
P/B Equity: 1.3 MNOK 1.4 2 MNOK 1 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple13 MNOK
Enterprise value after the size adjustment8 MNOK
Less net debt (rough figure)−3 MNOK
Equity value11 MNOK

Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt. Net debt is −38% of the enterprise value after the size adjustment, so the equity value from EV/EBIT is sensitive to errors in the debt figure.

The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.

The multiples are from the listed industry that matches the NACE code (58): Publishing & Newspapers.

Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

Indications · 2023

Worth a closer look

  • watch

    Current liabilities exceed current assets other than bank deposits, and the current ratio is weak. Is it customer prepayments and supplier credit that fund the operations, or short-term loans that must be renewed?

    Based on: Net working capital to revenue −29.1% (median −8.9%); Current ratio 1.18 (median 1.56).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 2.5% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 4.6%. Based on the 8 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability64 weight 40%
Solidity26 weight 20%
Liquidity34 weight 5%
Growth– no data, left out
Consistency45 weight 10%

Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?

Index version 3. Data completeness 75%: the share of the weights that had data.

2023

Questions and answers

How profitable is Bleken Data AS?

The operating margin was 14.9% in 2023, against a median of 5.9% among companies in the Morning class Micro in the same sector. Return on assets was 23.7%.

How solid is Bleken Data AS?

The equity ratio was 18.9% in 2023 (median 39.6%). Debt-to-equity was 4.29 (median 1.13).

What is the liquidity of Bleken Data AS like?

The current ratio was 1.18 in 2023 (median 1.56).

How does Bleken Data AS compare in Informasjon og kommunikasjon?

Bleken Data AS ranks 3,053 of 5,888 in Informasjon og kommunikasjon for 2023. Among companies in the Morning class Micro it is number 1,918 of 3,752.

Group structure · 2025

2 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.

No owner holds more than half of the shares in Bleken Holding AS.

Bleken Holding AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.

The group in figures

Sectors
Informasjon og kommunikasjon (2 companies) 2 of 2 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
Employees in Norway
5 in all. Sandefjord 5 Registered employees in the Central Coordinating Register, by the municipality of the business address. Employees may work elsewhere.
  • Bleken Holding AS holding company · Informasjon og kommunikasjon
    • Bleken Data AS you are here 51% owned · operating · index 52 · number 3148 of 6719 in Informasjon og kommunikasjon

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.

Public contracts

Contracts awarded since 2024
1
Total awarded value since 2024
2.0 MNOK
DateBuyerNotice ValueCPV
5 July 2024 Helsetjenestens driftsorganisasjon for nødnett HF Intensjonskunngjøring - leie- og kjøpekontrakt mellom HDO HF og Bleken Data AS for MAB-system 2.0 MNOK 72000000

Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.

Dependence on public contracts

Awarded value in the year seen against revenue the same year. This is not a share of revenue: the value is the whole contract, often for several years, and it does not necessarily become revenue that year.

YearContracts Awarded valueRevenue Awarded value against revenue
2024 1 2.0 MNOK 8.2 MNOK 24%

Largest public buyers since 2024

100% of the awarded value since 2024 came from Helsetjenestens driftsorganisasjon for nødnett HF. Public buyers in all: 1.

BuyerContracts ValueShare of value
Helsetjenestens driftsorganisasjon for nødnett HF1 2.0 MNOK 100%

Key contracts

The largest contracts by awarded value, framework agreements excluded.

DateBuyerContract ValueRuns until
5 July 2024Helsetjenestens driftsorganisasjon for nødnett HF Intensjonskunngjøring - leie- og kjøpekontrakt mellom HDO HF og Bleken Data AS for MAB-system 2.0 MNOK unknown
  • The value is the whole contract as stated by the buyer, often for several years.
  • Framework agreements are left out of the sums, since the value is a ceiling. Many frameworks are not marked in Doffin and may still be included.
  • Only awards where Doffin gives the company's organisation number.
  • Contracts without a stated value are counted but not summed.
  • An indication of dependence, not an accounting figure. End dates are rarely in the Doffin data.

Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.

Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0

From the Central Coordinating Register

Org. no.
981203232
Legal form
AS
Sector
Informasjon og kommunikasjon (58.290)
Morning company class
Micro
Employees
5 registered 10 December 2023
Founded
29 October 1999 27 years in operation
Share capital
0.10 MNOK
Business address
Skiringssalveien 9, 3211 SANDEFJORD
Municipality
Sandefjord rank 2–7 of 10 in KOSTRA group 11
Latest accounts filed
2025
The company's business municipality, Sandefjord. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Loading roles …

Source: Central Coordinating Register, fetched 1 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
2 (one owner holds more than half)
Largest owner
51.0%
Split
companies 100% · private persons 0% · foreign 0%
Owned from the same municipality
100%
Group chain
Owned by: Bleken Holding AS (51%)
Ultimate owner: Bleken Holding AS

Change 2007–2025: 51% of the shares changed owner (1 new and 0 departed owners). The majority owner changed.
New owners (companies): Bleken Holding AS

Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

Report an issue

Is this your company? Suggest changes or add information

Figures last fetched 8 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index505652
Rank3,0532,5123,148
Operating margin14.9%21.8%19.1%
Return on assets23.7%28.1%30.3%
Equity ratio18.9%15.6%15.1%
Current ratio1.181.141.14
Revenue growth–18.4%10.4%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue6.9 MNOK8.2 MNOK9.1 MNOK
Operating profit1.0 MNOK1.8 MNOK1.7 MNOK
Profit before tax1.4 MNOK2.3 MNOK2.0 MNOK
Tax expense0.2 MNOK0.4 MNOK0.4 MNOK
Net profit1.2 MNOK1.8 MNOK1.6 MNOK
Financial expenses0.1 MNOK0.1 MNOK0.6 MNOK
Total assets6.6 MNOK8.2 MNOK8.5 MNOK
Current assets6.3 MNOK7.9 MNOK8.2 MNOK
Equity1.3 MNOK1.3 MNOK1.3 MNOK
Retained earnings1.2 MNOK1.2 MNOK1.2 MNOK
Total liabilities5.4 MNOK6.9 MNOK7.2 MNOK
Current liabilities5.4 MNOK6.9 MNOK7.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 8 November 2026, accounts id 4611533.